Studio F expands Colombian fashion presence in Venezuela

Colombian fashion brand Studio F is expanding its footprint in Venezuela, planning to increase its number of stores from three to seven by 2027. The expansion includes a new location at the La Vela shopping center in Margarita Island, with upcoming openings scheduled for Sambil Maracaibo in November, Sambil Barquisimeto in late November, and Cerro Verde in Caracas in December.

STF Group, the company's owner, stated that the investment exceeds US$2 million. The company also projects Colombian exports to reach approximately US$4 million annually starting in 2027. This commercial move coincides with increased bilateral business discussions between Colombia and Venezuela, including proposals for a binational platform and a joint free trade zone to serve a combined market of 83 million people.